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If,under a System of Fixed Exchange Rates,the Equilibrium Value of the Dollar

Question 33

Multiple Choice

If,under a system of fixed exchange rates,the equilibrium value of the dollar is below the official exchange rate for the dollar,there will be a(n)


A) shortage of dollars.
B) excess demand for dollars.
C) black market for dollars.
D) rise in the price of a dollar.
E) dollar glut.

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